In January-May 2009, budget incomes comprised AMD 139.8 billion while expenditures comprised AMD 153.4 billion, ensuring the fulfillment of Government’s program by 103.1% and 30.9 % respectively. Budgetary incomes and expenditures according to annual program indexes comprised 15.6% and 17.2% respectively.
In comparison with the same period of last year, budget incomes have been reduced 9.7% or AMD 14.9 billion. This results from reducing tax and state duty collection by 16.7% or AMD 21.4 billion. In the same period, compulsory social security payments and other revenues increased by AMD 251.2 billion (1.2%) and AMD 3.7 billion (68.6%) respectively. In the meantime, official grants comprised AMD 2.5 billion, in comparison with last years’ AMD 18.5 million.
During the first quarter of 2009, tax and state duty revenues comprised AMD 106.6, ensuring fulfillment of the quarterly program by 103.6% and the annual program – by 14.6%.
